Sector Update: Technology Shares Higher

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Top Technology Stocks:

MSFT: -0.35%

AAPL: +0.17%

IBM: -0.10%

CSCO: -0.20%

GOOG: +0.05%

Technology shares were generally higher in pre-market trade Wednesday.

In technology stocks news, Twitter ( TWTR ) is higher in early pre-market trade after Nomura boosted its rating on the shares to buy from neutral and reiterated its $43 per share price target.

China Sunergy ( CSUN ), a maker of solar cells and modules, plunged more than 11% in pre-market trade after it reported a narrower Q1 net loss as revenue edged up on a jump in shipments.

The company posted a net loss attributable to ordinary shareholders of $14.7 million, or $0.99 per American depositary share, compared with a prior-year net loss of $22.9 million, or $1.71 per ADS.

Excluding one-time items, its loss per ADS amounted to $0.98 per share in the latest quarter, compared with a loss of $1.67 per ADS a year earlier. Analyst estimates weren't available via Capital IQ.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: CSUN

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